14 The Sunday Times July 19, 2020 MONEY Best Buys CURRENT ACCOUNTS FOREIGN MORTGAGES CREDIT INTEREST CURRENCY 2-YEAR FIXED RATES Provider Account name Account fee Interest rate 1 Balance Contact Lender Rate Scheme Deposit Fee Notes Contact These are the interbank Reward Current Account None £5 a month – 0345 720 3040 West Brom 1.14% Fixed to 30.09.22 40% £999 LV 0800 298 0008 rates at 5pm on Friday, Co-operative Current with Everyday Rewards None £4 a month – 0345 721 2212 which show where the Leeds 1.24% Fixed to 31.10.22 25% £999 LV 0345 045 4049 Virgin Money Current Account None 2.02% £0.01-£1,000 0800 678 3654 market is trading. Santander 1.74% Fixed to 02.10.22 15% £999 LV 0800 100 802 They are not indicative OVERDRAFTS * 3-YEAR FIXED RATES of the rate you will 2 Lender Rate Scheme Deposit Fee Notes Contact Provider Account name Account fee Interest rate 0% overdraft limit Contact be able to get. Starling Current Account None 15% £0 starlingbank.com 1.38% Fixed to 31.10.23 25% £999 LV 0333 202 7580 M&S Bank Current Account None 39.9% £250 0800 756 7777 EURO Principality 1.88% Fixed to 30.11.23 20% £0 LV 0800 678 1000 Current Account None 18.9% £0 0345 721 2212 GBP>EUR Yorkshire BS 2.15% Fixed to 31.08.23 15% £0 V 0345 166 9510 FUND FOCUS 1 Based on funding of £1,500 a month. 2 Equivalent annual rate. * Based on overdraft of £500 for 7 days a month. LONG-TERM FIXED RATES T.ROWE PRICE Some accounts require minimum funding/direct debits to open or receive rates shown. Lender Rate Scheme Deposit Fee Notes Contact Source: Moneyfacts.co.uk ASIAN Virgin 1.39% Fixed to 01.11.25 35% £995 LV 0345 605 0500 OPPORTUNITIES 1.10 Leek United 1.55% Fixed to 30.11.25 25% £1,495 BV 0800 169 6680 Skipton 2.02% Fixed to 31.10.25 15% £995 LV 0345 850 1755 EQUITY AMERICA CREDIT CARDS GBP>USD Barclays 1.99% Fixed to 31.10.30 40% £999 LV 0333 202 7580 What it is INTRODUCTORY RATES TRACKERS */ DISCOUNTS A £3.1 million fund that 1 Lender Rate Scheme Deposit Fee Notes Contact Provider Card type Introductory purchase APR Reward Contact aims to grow the value of M&S Bank Shopping Plus Mastercard 0% for 20 months 19.9% Yes 0800 997 996 Barclays 1.24% Base +1.14% for 2 years 40% £999 LV 0333 202 7580 its investments over the TSB Platinum Purchase Mastercard 0% for 20 months 19.9% No 0345 835 3846 Nationwide 2.14% Base +2.04% for 2 years 15% £999 AELV 0800 302 010 long term. It has a 1.25 Newbury 1.59% 2.36% discount for 5 years 30% £850 LV 0163 555 5777 dividend yield of zero and Bank Clubcard Mastercard 0% for 18 months 19.9% No 0345 300 4278 SWITZERLAND 2.09% Tracker +1.99% for term 25% £490 ELV 0800 482 448 an annual charge of BALANCE TRANSFERS 0.92 per cent. GBP>CHF FIRST-TIME BUYER / LOW DEPOSIT Provider Card type Introductory purchase Transfer fee 2 APR 1 Contact Lender Rate Scheme Deposit Fee Notes Contact What it invests in M&S Bank Transfer Plus Mastercard 0% for 28 months 2.85% (min £5) 19.9% 0800 997 996 HSBC 2.44% Base +2.34% for 2 years 10% £999 ELV 0800 494 999 More than two thirds of its TSB Platinum Mastercard 0% for 28 months 2.95% (no min) 19.9% 0345 835 3846 First Direct 2.29% Fixed to 01.11.22 10% £490 LV 0800 482 448 portfolio is in consumer Tesco Bank Clubcard Mastercard 0% for 26 months 2.98% (no min) 19.9% 0345 300 4278 and technology stocks. 1.18 NatWest 1.83% Fixed to 30.09.25 25% £995 CHP 0800 400 999 The biggest individual CASHBACK CARDS BUY TO LET holdings are in Alibaba, Provider Card type APR 1 Cashback Contact AUSTRALIA Lender Rate Scheme Deposit Fee Notes Contact the Chinese retail giant, GBP>AUD Taiwan Semiconductor American Express Platinum Cashback 27.3% 1%-1.25%. Intro 5% for 6 months 0800 917 8047 HSBC 1.44% Base +1.84% for 2 years 40% £1,999 ELV 0800 494 999 Manufacturing, which American Express Platinum Cashback Everyday 22.2% 0.5%-1%. Intro 5% for 6 months 0800 917 8047 Virgin 1.77% Fixed to 01.11.22 25% £995 LV 0345 605 0500 makes chips for Apple Santander All in One Mastercard 21.7% 0.5% 0800 389 9905 Leeds 1.79% Fixed to 30.09.25 40% £999 LV 0345 045 4049 phones, and Tencent 1 APR = annual percentage rate, dependent on credit rating. 2 Fee charged on the amount of each balance transfer during the introductory period. Early repayment charge applies unless otherwise stated. * Most deals track Bank of England base rate. Holdings, a Chinese Source: Moneyfacts.co.uk Notes: SVR = Standard variable rate; A = £500 cashback for first-time buyers; = £500 cashback; D = £250 cashback; E = No early repayment internet company 1.79 charge; H = Help to Buy scheme; L = Free legal work for remortgages; P = Purchases only; R = Free valuation and legal work for remortgages; S = Remortgage only; V = Free valuation. with interests in Source: landc.co.uk — 0800 373 300 entertainment and artificial intelligence.

SAVINGS ACCOUNTS Performance INSTANT ACCESS Over one year the fund has returned 12 per cent, Provider Account name Min deposit Interest rate Contact CASH ISAS compared with an NS&I Income Bonds £500 1.15% nsandi.com INSTANT ACCESS average return of 1.8 per NS&I Direct Saver £1 1% nsandi.com Provider Account name Min deposit Interest Transfers in Contact cent for the sector. Over Leeds Building Society Limited Issue Online Access (Issue 13) £1,000 0.85% leedsbuildingsociety.co.uk NS&I Direct Isa £1 1% No nsandi.com two years it has returned 24.6 per cent, compared Yorkshire BS Internet Saver ISA Plus Issue 5 £10,000 0.65%* Yes ybs.co.uk NOTICE ACCOUNTS with 11.1 per cent. FIXED RATE Provider Account name Notice period Min deposit Interest rate Contact Provider Account name Term Min deposit Rate Transfers in Contact What the manager says BLME 90-day Notice (Issue 3) 90 days £10,000 1.1% blme.com Yorkshire BS 1-year Cash ISA 1 year £100 0.65% Yes ybs.co.uk Eric Moffett said: “We Allica Bank 95-day Notice Personal Savings (Issue 1) 95 days £1,000 1.1% allica.bank employ analytical tools to UBL UK 2-year Cash Isa 2 years £2,000 0.9% Yes ubluk.com UBL 35-day Notice 35 days £1 1% ubluk.com identify established * Tiered account. Account pays 0.45 per cent AER on balances between £1,000 and £10,000, 0.65 per cent AER on balances between £10,000 and £50,000 and 0.75 per cent AER on balances above £50,000 companies with leading FIXED-RATE BONDS Source: Savingschampion.co.uk — 0808 178 5354 market positions that use Provider Account name Term Min deposit Interest rate Contact their capital wisely.” Allica Bank 12-month Fixed-Term Savings (Issue 4) 1 year £1,000 0.95% allica.bank What the experts say Close Brothers Savings 2 Year Fixed-Rate Bond 2 years £10,000 1.15% closesavings.co.uk Darius McDermott from UBL UK 3-year Fixed Term Deposit 3 years £2,000 1.3% ubluk.com Fund Calibre, a research CHILDREN’S ACCOUNTS group, said: “The manager DEALS ARE LISTED ONLY IF THEY ARE COVERED BY THE UK COMPENSATION SCHEME (FSCS) OR A EUROPEAN EQUIVALENT Provider Account name Account type Min deposit Interest rate Contact likes companies with net Source: Savingschampion.co.uk — 0808 178 5354 Halifax Kids’ Monthly Saver Regular saver £10 4% halifax.co.uk cash on the balance sheet that can hold up a lot Santander 1 123 Mini Current Account Current account £1,500 2.96% santander.co.uk better in bad times. When Saffron BS 2-year Fixed-rate Bond Fixed-rate bond £500 1.65% saffronbs.co.uk global markets sold off in 1 Interest paid on balances between £1,500 and £2,000 February/March this year, JUNIOR ISAS the fund fell 15 per cent ENERGY DEALS Supplier Average annual bill Rate Contact Provider Account name Min deposit Interest rate Rate Contact versus a sector average Table shows the cheapest tariff from the 3three cheapest EBICo £821 Fixed 0800 028 6699 NS&I Junior Isa £1 3.25% Variable nsandi.com fall of 20 per cent. There suppliers.Excludescheapest suppliers. fixed Excludes tariffs fixed of less tariffs than of 12 are some headwinds months’less than duration. 12 months’ Excludes duration, tariffs tariffs that that do not have Yorkshire Energy £829 Fixed 0113 451 0700 Coventry BS Junior Cash Isa (1) £1 2.95% Variable coventrybuildingsociety.co.uk facing Asia, but there will nationaldo not have coverage. national Excludes coverage tariffs and tariffswhere payments Tonik Energy £833 Fixed 0333 344 2686 arewhere taken payments in advance are takenof the in customer advance coming of on Tesco Bank Junior Cash Isa £1 2.75% Variable tescobank.com always be investment supply.the customer F=Fixed coming rates V=Variableon supply. rates Source: TheEnergyShop.com — 0800 448 0205 Source: Savingschampion.co.uk — 0808 178 5354 opportunities.”

scandal (“The year investors ’s £5 fee for bid farewell to fund My wife and I divvied up chores. managers”, July 12). 1% interest and a WhatsUpDoc I did the money, was that sexist? The best solution is a mixture free credit score HAVE of funds. Remember passives had to keep airlines and Tui for months knowing their Kenza Bryan used through contactless Hunter Davies working minor miracles on a girlfriend, no need to go Or even remember what I had YOUR SAY share prices were falling, had payments on mobile phones, very little. into details, you would only done and why and where to retain oil companies as the The Monzo or to pay online. Like most couples, my wife My parents, like be interested) — guess what? over the decades. Building oil price headed to record has launched a premium Subscribers receive access and I divvied up the domestic Margaret’s, never owned a I have decided that how we societies had changed their I thought it was retailers lows, leisure stocks when we account for £5 a month that to a monthly credit score chores. I don’t remember house, or had a bank divvied up the duties wasn’t name and I hadn’t noticed. rejecting cash, not were in full lockdown. Actives can pull in information from update from TransUnion, how it was decided, but we account, or any savings. They really all that unfair and She could not even do consumers. I’ve not used sold such stocks much earlier. other bank accounts and the credit reference agency, fell into stereotypical roles. lived from week to week. sexist. simple money things such as cash since March — every Dave M check your credit score. as well as summarised I did eventually become Neither of us was aware of My cleaning standards are getting cash out of the single place I’ve been to has The online bank, known information from their full embarrassed, and felt like savings and investments and not as high as Margaret’s and machine. She did not know said no cash (“Is your closed While many active funds are for its coral pink bank cards, credit report. a male sexist pig, leaving yet I ended up obsessed by she never used a microwave her Pin. cash machine ever going to fat, lazy and poorly will also pay 1 per cent The account uses “open Margaret to do all the savings and investing, while and I can’t remember her When I tried to discuss come back?”, July 12). performing, there are also variable interest on current banking” technology to draw drudgy stuff — housework, my wife went through life freezing her own meals, so interest rates, or whether I Helen H several that consistently account balances up to in transactions and account cooking, cleaning. I justified oblivious of money. None of yes, I do cut corners. But should put more pension justify their higher fees by £2,000, close to the market details from 13 other possible it by saying that she was our three children has turned come on, I have looked after money in the Equitable or If we go cashless, what will beating the market indices beating easy-access rate of bank accounts including better than me at those jobs out a mean beggar, like me, myself for four years and put Standard Life, she would not happen if there’s a technical year in year out. Using past 1.16 per cent from the Lloyds, Barclays, HSBC and and she enjoyed doing always counting the pennies. on a stone. I can’t say I get even look up from her novel. glitch and card payments performance is not failsafe by government’s NS&I income RBS, so that you can see all them. Honestly, that’s what My wife and I only ever had much pleasure out of Either the one she was aren’t going through, or if any means, but my bond on balances over £500. your money in one place. she said. a joint bank account. All the cooking. It is boring, just like working on or the one she there’s a power cut? experience has been that Nationwide’s FlexDirect An added perk is that the My jobs were the soft and investments I made were in cleaning. But I do them, in was reading. She read a novel Kristin C investing in those who account pays 2 per cent for account has £400 a month simple ones, as I always our joint names. I would say the margins of my exciting, every day, always a first novel outperform in a variety of a year on up to £1,500 if you of fee-free cash withdrawals readily admitted — driving, sign here pet, and she never fun-filled, elderly life. by a new author, just to I work at a bank and economic situations usually pay in at least £1,000 a month anywhere in the world, doing the garden, fixing basic even read it. I could have What if she had died first encourage them. And she customers still come in to pays off. and Virgin Money pays double the amount problems in the house, doing been off the next day to South and had to take on the bills always bought it full price branch to do banking over WestInEast 2.02 per cent AER on non-subscribers can the money. America with the au pair and the money stuff? For a from a proper bookshop, not the counter, and we are balances up to £1,000. withdraw with Monzo. Starting again today, would (except we never had one, start, doing the probate from Amazon. Oh God, did I needed for things that, yes, All comments via Monzo Plus costs £5 As well as this, all Monzo there be the same divisions? I nor a nanny, nor a cleaner). would have driven her round use to moan at the expense. you could call up or do thesundaytimes.co.uk a month for a minimum of customers get free cash look at my three children and It is four years now since the bend. I found it hellish, She left all money things to online. However if you three months and can be withdrawals inside the their partners and life has she died and after that time yet I had organised all our me and I have to admit I need a statement We love to receive your cancelled for free during the European Economic Area. moved on. My son does all living in this three-storey money. Could I find all the enjoyed it, arguing the toss, immediately, or need to feedback on stories and first two weeks. Monzo normally charges the cooking and his wife is a house on my own (I do have paperwork? Could I heckers. trying to get good deals. discuss a transaction without your views on any issues Subscribers to the customers £1 to deposit dab hand with a power tool Today, if she were on her waiting on the phone, or even you would like us to premium service are sent money at Paypoint machines, and fixing things. own, she would have no idea if what you need cannot be investigate. Always a holographic blue card. They which can be found in shops. In the generation before where all our investment done through internet include your name and can also create up to five The premium account offers me there was a tradition details are kept. I am now, banking, you need us. We address when contacting virtual cards at any time to a free cash deposit in the UK among the working classes of with age, confused myself. I will regret the time when us. Letters may be edited. use with different services. every month. the husband coming back worry that my accountant we have got rid of every The idea behind this is to Monzo stopped marketing from the pit or the factory at will shout at me when I can’t cashpoint, every branch and help protect customers from a previous version of its the end of the week and find things. Even worse, she every smiling member of WRITE TO fraud. For example, the premium account shortly dumping his pay packet on never used a computer or staff there with the Money, The Sunday Times virtual cards, the details of after it launched last year. the kitchen table. His wife mobile phone and could not knowledge to help. 1 London Bridge Street which can be seen by logging Customers using the old would open it, count it, then even type. She wrote all her Lewis London SE1 9GF in to the app, could be used version can get two months hand him back ten bob as his books in pen and ink. The for one-off purchases on free with the new account. pocket money for the week, world is now obsessed with I tend to use the financial websites that are not trusted, Mike Hudack, Monzo’s for his beer and baccy. She making you do everything evaluation tools and EMAIL or one card could be used for chief product officer, said would keep the rest and run online. It drives me potty. factsheets to guide my own [email protected] all subscription services, such that the bank had “refocused the house, buying the food, I miss my dear wife every decisions, rather than as Netflix or Spotify. on benefits that help clothing the children, paying day, but by going first I “recommendations”, If the physical card is lost customers today and in the bills. She was the financial sometimes think there are especially after the Woodford TWITTER the online ones can still be the future”. brains of the partnership, Hunter and Margaret were married for 55 years things she is well out of. and Hargreaves Lansdown @ST_Money